News & Announcements

Weil Advises Foundation Building Materials, American Securities LLC and Clayton Dubilier & Rice LLC in FBM’s $8.8 Billion Sale to Lowe’s Companies, Inc.

Download

Weil is advising Foundation Building Materials (FBM), as well as its private equity sponsor owners American Securities LLC and Clayton Dubilier & Rice, LLC, in FBM’s $8.8 billion sale to Lowe’s Companies, Inc. FBM is a leading North American distributor of interior building products, including drywall, metal framing, ceiling systems, commercial doors and hardware, insulation and complementary products serving large residential and commercial professionals in both new construction and repair and remodel applications. Since 2011, FBM has grown organically and inorganically to become an industry leader, with a network of over 370 locations in the United States and Canada serving 40,000 pro customers.

The Weil team was led by Mergers & Acquisitions Co-Head Michael Lubowitz and Private Equity partner Ryan Taylor and included Private Equity counsel James Pierre-Louis, Mergers & Acquisitions associate Avi Rubin and Private Equity associate Reggie Young; Tax partner Jonathan Macke and associate Dylan J. Lionberger; Banking & Finance Co-Head Andrew Colao, partner Jackie Oveissi and associate Julia Pjevach; Capital Markets partner Heather Emmel and associate Michael Cremers; Environmental Head Annemargaret Connolly, partner Matthew Morton and associate Caleb Holland; Complex Commercial Litigation partner Theodore E. Tsekerides and associates Jasmine Harris and Courtney Carpinello; Executive Compensation & Benefits partner Amanda Rotkel and associate Amanda Nowak; Employment partner Xander Flynn-Tabloff and associate Michael Verdichizzi; Antitrust partner John Scribner, counsel Michael Naughton and associates Kathryn Graham and Meghana Appalaraju; Regulatory Transactions partner Timothy Welch and associate Sisi Liu; U.S. Privacy & Cybersecurity Head Olivia Greer, counsel Catherine Kim and associate Dominic Farchione; Technology & IP Transactions partner Dennis Adams and associates Alexis Bello and Adeline Park; and Real Estate attorney Leslie Smith and associate Ilana Bier.

Legalese